The amendment both renamed IMAB as the Independent Payment Advisory Board and expanded its functions.
On the day of the PPACA's Senate passage, however, few senators knew the amendment had so radically transformed the IMAB.
As a result, casual readers of the PPACA would encounter many references to the IMAB but very few mentions of the IPAB, obscuring the IPAB's role.
As noted, PPACA section 3403 further amended SSA by creating SSA section 1899A and codifying to it both IMAB and portions of the Manager's Amendment.
The Act spells out the procedure to be followed for Congress to consider the proposals submitted by the IMAB
(p 377), and it attempts to bind future Congresses: "It shall not be in order in the Senate or the House of Representatives to consider any bill, resolution, amendment, or conference report .
The Swedish lock group ASSA ABLOY AB announced today (7 March) that it had signed a letter of intent to acquire the Brazilian company IMAB Ltda.
IMAB is a privately-held leading Brazilian lock manufacturer with a factory in Sao Paulo and a strong distribution network of some 3,000 resellers.
The acquisition of IMAB will further strengthen ASSA ABLOY's position on the Brazilian market where it is already established through its subsidiary La Fonte.
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